Text size

Ex-deputy PM Daniela Bobeva: Forecasts for 7.2% decline in the economy will be confirmed

published on 7/20/20 4:57 PM

Photo: BGNES

"The Bulgarian economy has begun to accumulate serious problems long before the pandemic. It is incorrect to attribute the problems of the economy to the contagion crisis." This was said in an interview for the BNR by Daniela Bobeva - an economist and former Deputy Prime Minister. She also referred to reports from the EC and the ECB in recent weeks with data for 2019, showing unfavourable trends in the development of the Bulgarian economy.

In Bobeva's opinion, the forecast of the European Commission that this year Bulgaria will have a 7.2% decline in the economy will be confirmed. The former deputy prime minister believes that the problems can be overcome with political will. At the moment, however, "we are not moving towards a market economy, but towards the return of old models with increasing state participation, which have turned out to be totally inefficient for Bulgaria," Bobeva said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Daniela Bobeva economic decline

More from category

The weather remains mostly cloudy and rainy, but with no precipitation in the southwestern regions

On Friday , the lowest temperatures will be between 5 and 10°C; in Sofia - it will be around 6°C. During the day it will be cloudy and with precipitation. In Northwestern Bulgaria the amounts will be significant. Almost no..

published on 11/6/25 7:50 PM

Iliana Iotova: No one has reassured Bulgarians that there will be no fuel problems

''I am not surprised that the president’s veto concerning the sale of Lukoil’s assets was overturned, because even on such a delicate, serious and worrying issue, there were no arguments or discussion'', Vice President Iliana Iotova told journalists..

published on 11/6/25 5:54 PM

A press conference of the Bulgarian Association of Sterility and Reproductive Health

Birth rate in Bulgaria has decreased by 33% since 1994

Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the number dropped to 53,428. 6.5% of Bulgarian children are now born through in vitro fertilization..

published on 11/6/25 5:15 PM